Monthly Archives: January 2017

Procedure for creating Endowment Fund

Dear Friends, Season’s Greetings and Happy New year! Please let me know the procedure for creating Endowment fund and related statutory / legal requirements to be followed / fulfilled by the NGO and the foreign and Indian donors. Thanks Udayashankar

Posted in FCRA, TAX, LEGAL | 2 Comments

Can FCRA funds be transferd to Sec-8 company

Dear Members, I represent a funding organisation which is a registered public charitable trust, I want to know whether we can make a grant to Sec 8 company? I also wanted to know whether Sec 8 Company(Earlier Sec 25 A) … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Funds collected out side India

Dear Sir/Madam, I am a member of a Society,registered public trust in India. Some members of the Society, have collected funds in US and Netherlands Accounts ,for a building renovation project in India. However,they are not transferring the accumulated amount … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments